In today’s show, we interview Jon Michaels, VP of Portfolio Services at Renters Warehouse.  Renters Warehouse is America’s largest, full-service real estate firm for Single-Family Rental homes.  They offer listing, investing, and renting services all under one roof.  Renters Warehouse believes that clients deserve a partner to help them execute on their investment strategy with ease.  Their real estate investment services marketplace and hassle-free property management services can help you to take the next steps to financial freedom.

Where Investing Fits into the Cash Flow System

Investing in cash-flowing assets is a huge part of building time and money freedom.  But, as important as cash flow income is, it’s just one step in the bigger journey.

That’s why we have created the 3-step Business Owner’s Cash Flow System.  It’s your roadmap to take you from just surviving, to a life of significance, purpose, and financial freedom.

The first step is keeping more of the money you make by fixing money leaks, becoming more efficient and profitable.  Then, you’ll protect your money with insurance and legal protection, and Privatized Banking.  Finally, you’ll put your money to work, increasing your income with cash-flowing assets.

Who Is Jon Michaels?

Jon Michaels is a Vice President with Renters Warehouse, the first national real estate investment brand.  He’s been serving owners and operators of investment real estate for nearly a decade.

Born and raised in Kansas City thirty-two years, Jon attended Washburn University.  He went on to earn his MBA at Baker University and then got his real estate license shortly after.

Jon and his family relocated a few times with a company providing advertising solutions to multi-family owners and operators.  Since 2017, he calls South Carolina home with his amazing wife, Jen, and three beautiful daughters, Stella, Elsie, and Lucille.

In 2017, Jon Michaels joined a software company that served single-family property managers. He then joined Renters Warehouse in 2019 as a member of their portfolio services team.  Jon is a licensed broker, serving investors who both buy and sell portfolios of single-family rental homes nationally.

You can connect with Jon Michaels on most social platforms:

Facebook

LinkedIn

Instagram

Conversation Highlights

About Renters Warehouse

Renters Warehouse has operations in 40 US markets. They manage more than 22,000 single-family rental homes for approximately 15,000 landlords and institutional investors.

Last year, the company acquired Own America, the first online single-family rental investor portal.  The program that was built for Wall Street investors to acquire SFR portfolios has now become available for free to the average savvy RE investor.

The Renters Warehouse Investor

Renters Warehouse serves a few client profiles today: the accidental landlord, the savvy real estate investor, and the large funds deploying $20-$30M in capital per month in acquiring portfolios of SFR’s. Most recently, they've seen the rise of the midsize investor who owns anywhere between 25 – 2000 homes.

According to Noel Christopher of Renters Warehouse, the savvy real estate investor who owns 10 or fewer homes accounts for nearly 90% of the ownership of our industry’s inventory today.

Property and Portfolio Inventory

Renters Warehouse has portfolios of SFR’s exclusively listed mainly in secondary markets like Columbia, SC; Cape Coral, FL; Lafayette, LA; Memphis, TN; and Indianapolis, IN.  New inventory is updated daily.

Net yields on these marketed portfolios range from 3 to 10%.  This beats a lot of financial instrument returns that investors find today.

Investors can register for a free account and enter their real estate investment strategy and preferred buy-boxes.  Then, they’ll be successfully matched with SFR investment opportunities real-time with emailed alerts and personal phone calls from the local ma...